Rain, a cryptocurrency platform, recently raised $100M in a Series B funding round led by Paradigm and Kleiner Perkins. Additional participation in the round came from Coinbase Ventures, Global Founders Capital, MEVP, Cadenza Ventures, and CMT Digital. The company recently stated it completed $1.9B worth of transactions and maintains over 185,000 active users. The company intends to use the capital for geographic expansion, technology investment, and team growth.
Crypto Platform Rain Rakes in $100m in Series B Funding